The Sunny Land neighborhood Market Statistics for the month of December shows the active, pending & sold homes in the Sunny Land area of Bellingham Real Estate Market. Whether you are wishing to sell or invest in a house this month, the provided information below will help you in making the right decision.

Sunny Land Neighborhood Residential Statistics

December

Active Listings

8

Pending Sales

4

Homes sold in the last 30 days

3

Absorption Rate

2.6 Months

Activity Index

2 Months

Average SP % LP

95.92 %

In the Sunny Land Neighborhood, 8 homes are for sale, 4 homes are pending (under contract with mutual acceptance b/t buyer & seller) & 3 homes sold during the month of December '09.

Here's a breakdown of the activity in the Sunny LandNeighborhood for the past month.

Included in this report are the Sunny Landneighborhood distressed properties. More likely than not these properties will have an impact on prices in the neighborhood. For example, if a given neighborhood has 5 distressed properties out of 6 sales, you canpretty muchguaranteethat the sales pricesare going to be lower than in a neighborhood that doesn't have distressed sales, which will have a declining effect on the neighborhood market, as well as, over all the Bellingham real estate market.

*Below are charts showing changes in median price & number of homes in the Sunny Land Neighborhood in the last 18 months.*

Median Price

The Chart below compares the historic median price of sold and active inventory in the Sunny Land neighborhood.

Neighborhood Inventory

Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Sunny Land neighborhood.

As a Bellingham Realtor specializing in Bellingham Bank owned properties and Short Sales, Tara is familiar with the nuances of these transactions. By buying right in this market, buyers can gain a better return on their money. Tara can help you analyze properties based on your goals and exit strategy. As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Whatever you need/goals in today's market, find a good agent to help, educate, & empower you.

Comments

Hi Tara,

It is very helpful that you post the information. It lets all of us in real estate and related fields track how things are going. I really appreciated the contact today and, just this once, wish I was NOT on vacation in Mexico. I look forward to working with you, and several other folks in your office, when I am back in about a week. Thanks.

Steve

Posted by Steven L. Smith, Bellingham WA Home Inspector (King of the House Home Inspection, Inc.) almost 9 years ago